Home / Knowledge / News / Apparel/Garments / Textile and garment import and exports on rise
Textile and garment import and exports on rise
14
Jun '10
Both imports and exports of textiles and garments are on the rise, with the slow improvement of the overall US economy.

After covering the first quarter of this year, the government trade data reveal that, yarn exports increased by 23 percent over the same period in 2009, whereas exports of fabric surged by 19 percent.

During the same time, imports of garments from all the respective sources rose by 11 percent, imports of yarn increased by 18 percent, and fabric imports have risen by 19 percent.

Accounting for nearly 80 percent of the rise in US imports, China continued to lead the garment trade, while trade from the Central America Free Trade Agreement – Dominican Republic (CAFTA-DR) area surged by 9 percent and imports from Mexico was up 9 percent.

However, in case of Mexico and CAFTA-DR, garment imports entering US duty-free should be made of or must consist of yarn and fabric made in US or other participating nations.

But the US textile producers are concerned about the fact that, majority of the garment import trade with China, was under the 'sensitive categories' of innerwear, knit shirts and trousers, for which import quotas were removed last January.

Whereas the global trade in these categories increased by merely 7 percent and the US imports of those goods from China rose by 55 percent.

Fibre2Fashion News Desk - India

Must ReadView All

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search